Insider Selling: MNTN (NYSE:MNTN) Major Shareholder Sells $3,507,716.25 in Stock

Posted by Brenda Bartman on Aug 23rd, 2026

MNTN Inc. (NYSE:MNTN – Get Free Report) major shareholder Baroda Ventures Llc sold 275,115 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $12.75, for a total transaction of $3,507,716.25. Following the transaction, the insider owned 6,375,543 shares in the company, valued at approximately $81,288,173.25. The trade was a 4.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Baroda Ventures Llc also recently made the following trade(s):

On Friday, August 14th, Baroda Ventures Llc sold 33,617 shares of MNTN stock. The shares were sold at an average price of $12.56, for a total transaction of $422,229.52.
On Thursday, August 13th, Baroda Ventures Llc sold 26,823 shares of MNTN stock. The shares were sold at an average price of $12.53, for a total transaction of $336,092.19.

MNTN Price Performance

NYSE:MNTN opened at $12.87 on Friday. MNTN Inc. has a one year low of $7.67 and a one year high of $23.25. The company has a market cap of $796.52 million, a PE ratio of 18.13 and a beta of 0.71. The firm has a 50-day moving average of $10.13 and a 200-day moving average of $9.59.

MNTN (NYSE:MNTN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.10). MNTN had a net margin of 18.00% and a return on equity of 18.85%. The business had revenue of $82.54 million during the quarter, compared to the consensus estimate of $82.34 million. During the same period in the previous year, the business posted ($0.65) EPS. MNTN’s revenue was up 20.5% compared to the same quarter last year. On average, equities research analysts expect that MNTN Inc. will post 0.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of MNTN from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday. Evercore set a $22.00 price target on shares of MNTN in a research report on Wednesday, August 5th. Citigroup reduced their price objective on shares of MNTN from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Wall Street Zen cut shares of MNTN from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, Tigress Financial cut their target price on MNTN from $26.00 to $22.00 and set a “strong-buy” rating on the stock in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, MNTN presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.65.

Check Out Our Latest Research Report on MNTN

Hedge Funds Weigh In On MNTN

Institutional investors have recently added to or reduced their stakes in the stock. Mercato Management Legacy LLC purchased a new stake in MNTN during the first quarter worth about $54,279,000. Mercato Partners Growth Iii GP LLC purchased a new position in MNTN in the fourth quarter valued at about $73,646,000. Wellington Management Group LLP grew its position in shares of MNTN by 67.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,345,302 shares of the company’s stock valued at $99,155,000 after acquiring an additional 2,159,075 shares during the period. Vanguard Group Inc. increased its stake in shares of MNTN by 787.7% during the 3rd quarter. Vanguard Group Inc. now owns 621,392 shares of the company’s stock worth $11,527,000 after purchasing an additional 551,392 shares during the last quarter. Finally, Mariner LLC purchased a new stake in shares of MNTN during the 4th quarter worth approximately $4,306,000. Institutional investors own 72.90% of the company’s stock.

MNTN Company Profile

(Get Free Report)

MNTN is a software platform specializing in connected television (CTV) advertising, offering marketers the tools to plan, launch and measure streaming TV campaigns. Its platform enables brands to reach audiences across major OTT and CTV channels, helping advertisers target viewers based on demographic, behavioral and contextual data.

The company’s core product suite includes campaign management, real-time bidding and performance analytics. MNTN integrates with leading streaming services and ad exchanges, allowing clients to execute programmatic buys, track view-through conversions and optimize media spend through automated reporting dashboards.

Founded by experienced digital advertising professionals, MNTN is headquartered in Austin, Texas, and primarily serves brands and agencies across the United States and Canada.